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 USD/MYR drop, V2

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AVFAN
post Nov 13 2015, 08:29 PM

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QUOTE(Showtime747 @ Nov 13 2015, 06:25 PM)
Am surprised RM is holding up well even when WTI is 41.xx now. Not bad...
*
i got a feeling you will want to take back that "not bad" next week. tongue.gif

QUOTE
IEA Says Record 3 Billion-Barrel Oil Stocks May Weaken Prices
http://www.bloomberg.com/news/articles/201...y-weaken-prices

TSwil-i-am
post Nov 13 2015, 10:11 PM

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QUOTE(tidurking @ Nov 13 2015, 10:02 PM)
Yeah seems like calm b4 the storm...I hope its a shit storm lol...hope it hits 5.5 yeahhhhh
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Wat if MYR stays @ 4.40 +/- level?
nexona88
post Nov 13 2015, 10:13 PM

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QUOTE(tidurking @ Nov 13 2015, 10:02 PM)
Yeah seems like calm b4 the storm...I hope its a shit storm lol...hope it hits 5.5 yeahhhhh
*
let's it break 4.50 first, before we talk about 5 & 5.50 blush.gif

This post has been edited by nexona88: Nov 13 2015, 10:13 PM
chengcheng
post Nov 13 2015, 10:17 PM

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QUOTE(Showtime747 @ Nov 13 2015, 06:25 PM)
Am surprised RM is holding up well even when WTI is 41.xx now. Not bad...
*
Possible malusia gomen supporting it?


nexona88
post Nov 13 2015, 10:25 PM

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QUOTE(chengcheng @ Nov 13 2015, 10:17 PM)
Possible malusia gomen supporting it?
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some people started converting USD into MYR back tongue.gif
nexona88
post Nov 13 2015, 10:32 PM

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QUOTE(tidurking @ Nov 13 2015, 10:26 PM)
See the graph also confirm got malaysia government support...if not I think drop to 4.8 long time liao
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then tell me why BNM foreign reserve didn't go to USD 80bil level yawn.gif

how gomen can "support" without using the foreign reserve?
TSwil-i-am
post Nov 13 2015, 10:39 PM

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QUOTE(tidurking @ Nov 13 2015, 10:36 PM)
Aiyah nobody know for sure but I look at graph for quite some time and recently thr zig zag graph I confirm got some external force protecting RM hope that external factor will die soon kacau the downhill trend fpr RM!
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Aka invisible hands brows.gif
nexona88
post Nov 13 2015, 10:41 PM

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QUOTE(tidurking @ Nov 13 2015, 10:36 PM)
Aiyah nobody know for sure but I look at graph for quite some time and recently thr zig zag graph I confirm got some external force protecting RM hope that external factor will die soon kacau the downhill trend fpr RM!
*
external force protecting RM? hmm.gif

if not BNM, then who? blink.gif

syndicated playing with it sweat.gif
Ramjade
post Nov 13 2015, 10:44 PM

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QUOTE(wil-i-am @ Nov 13 2015, 10:39 PM)
Aka invisible hands  brows.gif
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The only one I can think of is US. Maybe US is protecting malaysia so that TPPA can be signed. hmm.gif After sign, no more protection.
nexona88
post Nov 13 2015, 10:48 PM

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QUOTE(Ramjade @ Nov 13 2015, 10:44 PM)
The only one I can think of is US. Maybe US is protecting malaysia so that TPPA can be signed. hmm.gif After sign, no more protection.
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if that so, US shoud make malaysia happy by "support" until MYR 4 tongue.gif
Showtime747
post Nov 13 2015, 10:58 PM

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QUOTE(AVFAN @ Nov 13 2015, 08:29 PM)
i got a feeling you will want to take back that "not bad" next week. tongue.gif
*
Everything happened with a reason. There must be a reason why RM did not tank today despite the oil price drop and not-so-good GDP data. Just that we don't know the reason tongue.gif

Maybe next week the reason unbeknown to us will continue ? brows.gif
Showtime747
post Nov 13 2015, 10:59 PM

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QUOTE(chengcheng @ Nov 13 2015, 10:17 PM)
Possible malusia gomen supporting it?
*
Something is happening brows.gif
nexona88
post Nov 13 2015, 11:01 PM

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QUOTE(Showtime747 @ Nov 13 2015, 10:59 PM)
Something is happening  brows.gif
*
what? share share lor

sharing is caring tongue.gif blush.gif
Showtime747
post Nov 13 2015, 11:06 PM

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QUOTE(nexona88 @ Nov 13 2015, 11:01 PM)
what? share share lor

sharing is caring  tongue.gif  blush.gif
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I am just guessing the rumour is slowly materialising. Nothing much tongue.gif
AVFAN
post Nov 13 2015, 11:06 PM

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you guys think too much la... mana ada conspiracy theory?!

just watch it go to 4.40, then 4.45, 4.50... tongue.gif

This post has been edited by AVFAN: Nov 13 2015, 11:06 PM
nexona88
post Nov 13 2015, 11:07 PM

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QUOTE(Showtime747 @ Nov 13 2015, 11:06 PM)
I am just guessing the rumour is slowly materialising. Nothing much  tongue.gif
*
what rumour? hmm.gif
Showtime747
post Nov 13 2015, 11:12 PM

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QUOTE(nexona88 @ Nov 13 2015, 11:07 PM)
what rumour?  hmm.gif
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Rumour about "the company" loh....
nexona88
post Nov 13 2015, 11:15 PM

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QUOTE(Showtime747 @ Nov 13 2015, 11:12 PM)
Rumour about "the company" loh....
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oh yeah.

got 2 things going on..

sungai besi land & energy assets sweat.gif
TSwil-i-am
post Nov 13 2015, 11:39 PM

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WTI Crude Oil have broken USD41 mark n trading @ USD40.82, down 2.23% now sweat.gif
nexona88
post Nov 13 2015, 11:49 PM

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1.00 USD = 4.39519 MYR sweat.gif

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